Corning Incorporated Company Profile (NYSE:GLW)

About Corning Incorporated

Corning Incorporated logoCorning Incorporated (Corning) is engaged in the manufacture of specialty glass and ceramics. The Company operates in five segments: Display Technologies, which manufactures glass substrates; Optical Communications, which is engaged in providing optical solutions; Environmental Technologies, which manufactures ceramic substrates and filter products; Specialty Materials, which manufactures products that provide over 150 material formulations for glass, glass ceramics and fluoride crystals, and Life Sciences segment, which is a developer, manufacturer and supplier of scientific laboratory products. The Display Technologies segment develops, manufactures and supplies glass substrates using a fusion manufacturing process. It manufactures and processes products at approximately 90 plants in approximately 20 countries. Corning offers its products under the trademarks, including Corning, Celcor, ClearCurve, DuraTrap, Eagle XG, Epic, Gorilla, HPFS, Pyrex, Steuben, Falcon, SMF-28e and Willow.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Electronics
  • Sub-Industry: Electronic Components
  • Exchange: NYSE
  • Symbol: GLW
  • CUSIP: 21935010
Key Metrics:
  • Previous Close: $27.71
  • 50 Day Moving Average: $25.39
  • 200 Day Moving Average: $23.76
  • 52-Week Range: $17.69 - $27.88
  • Trailing P/E Ratio: 8.56
  • Foreward P/E Ratio: 15.45
  • P/E Growth: 1.86
  • Market Cap: $25.66B
  • Outstanding Shares: 928,093,000
  • Beta: 1.36
Profitability:
  • Net Margins: 39.35%
  • Return on Equity: 10.90%
  • Return on Assets: 6.07%
Debt:
  • Debt-to-Equity Ratio: 0.23%
  • Current Ratio: 3.29%
  • Quick Ratio: 2.75%
Additional Links:
Companies Related to Corning Incorporated:

Analyst Ratings

Consensus Ratings for Corning Incorporated (NYSE:GLW) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $25.05 (9.40% downside)

Analysts' Ratings History for Corning Incorporated (NYSE:GLW)
Show:
DateFirmActionRatingPrice TargetDetails
2/1/2017Sanford C. BernsteinDowngradeOutperform -> Market Perform$26.00View Rating Details
1/31/2017Wells Fargo & CompanyReiterated RatingMarket PerformView Rating Details
1/25/2017Susquehanna Bancshares IncBoost Price TargetPositive$27.00 -> $31.00View Rating Details
1/25/2017Barclays PLCBoost Price TargetOverweight$26.00 -> $28.00View Rating Details
1/25/2017Jefferies Group LLCBoost Price TargetHold$21.00 -> $24.50View Rating Details
1/24/2017Drexel HamiltonReiterated RatingSell$14.50View Rating Details
1/24/2017Bank of America CorporationUpgradeUnderperform -> NeutralView Rating Details
1/18/2017Deutsche Bank AGBoost Price TargetBuy$26.00 -> $28.00View Rating Details
1/4/2017GuggenheimInitiated CoverageBuy$28.00View Rating Details
11/2/2016Goldman Sachs Group, Inc. (The)Reiterated RatingConviction-Buy -> Buy$27.00View Rating Details
8/26/2016Citigroup Inc.Boost Price TargetBuy$23.00 -> $26.00View Rating Details
6/12/2016ArgusReiterated RatingBuyView Rating Details
6/13/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralView Rating Details
4/26/2016Morgan StanleyReiterated RatingHoldView Rating Details
1/28/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
12/17/2015J P Morgan Chase & CoDowngradeOverweight -> Neutral$20.00 -> $18.00View Rating Details
10/28/2015Royal Bank Of CanadaBoost Price TargetOutperform$21.00 -> $24.00View Rating Details
8/3/2015Cantor FitzgeraldReiterated RatingHold$17.00View Rating Details
7/29/2015Benchmark Co.Lower Price TargetHold$19.50 -> $17.00View Rating Details
4/30/2015HSBC Holdings plcDowngradeBuy -> HoldView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Corning Incorporated (NYSE:GLW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
1/24/2017Q416$0.44$0.50$2.49 billion$2.55 billionViewN/AView Earnings Details
10/25/2016Q316$0.38$0.42$2.52 billion$2.51 billionViewListenView Earnings Details
7/27/2016Q216$0.32$0.37$2.38 billion$2.36 billionViewListenView Earnings Details
4/26/2016Q116$0.28$0.28$2.23 billion$2.17 billionViewListenView Earnings Details
1/26/2016Q415$0.32$0.34$2.33 billion$2.40 billionViewListenView Earnings Details
10/27/2015Q315$0.35$0.34$2.52 billion$2.45 billionViewListenView Earnings Details
7/28/2015Q215$0.37$0.38$2.54 billion$2.52 billionViewListenView Earnings Details
4/28/2015Q115$0.33$0.35$2.48 billion$2.43 billionViewN/AView Earnings Details
1/27/2015Q414$0.38$0.45$2.50 billion$2.50 billionViewN/AView Earnings Details
10/28/2014Q314$0.37$0.40$2.63 billion$2.60 billionViewN/AView Earnings Details
7/29/2014Q214$0.38$0.37$2.53 billion$2.58 billionViewN/AView Earnings Details
4/28/2014Q114$0.30$0.31$2.30 billion$2.40 billionViewN/AView Earnings Details
1/27/2014Q413$0.27$0.29$1.95 billion$2.01 billionViewN/AView Earnings Details
10/30/2013Q313$0.32$0.33$2.09 million$2.10 millionViewN/AView Earnings Details
7/30/2013Q2 2013$0.31$0.32$1.97 billion$2.00 billionViewN/AView Earnings Details
4/24/2013Q1 2013$0.24$0.30$1.96 billion$1.80 billionViewN/AView Earnings Details
1/29/2013Q4 2012$0.33$0.34$2.07 billion$2.15 billionViewN/AView Earnings Details
10/24/2012$0.32$0.34ViewN/AView Earnings Details
7/25/2012$0.31$0.31ViewN/AView Earnings Details
4/25/2012$0.28$0.30ViewN/AView Earnings Details
1/25/2012$0.33$0.33ViewN/AView Earnings Details
10/26/2011$0.42$0.48ViewN/AView Earnings Details
7/27/2011$0.47$0.48ViewN/AView Earnings Details
4/27/2011$0.44$0.47ViewN/AView Earnings Details
1/25/2011$0.47$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Corning Incorporated (NYSE:GLW)
Current Year EPS Consensus Estimate: $1.68 EPS
Next Year EPS Consensus Estimate: $1.79 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.27$0.34$0.30
Q2 20163$0.31$0.33$0.32
Q3 20163$0.35$0.40$0.37
Q4 20163$0.40$0.44$0.42
Q1 20174$0.31$0.36$0.34
Q2 20174$0.39$0.43$0.40
Q3 20174$0.42$0.47$0.45
Q4 20174$0.41$0.50$0.44
Q1 20182$0.33$0.37$0.35
Q2 20182$0.37$0.42$0.40
Q3 20182$0.42$0.44$0.43
Q4 20182$0.41$0.53$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Corning Incorporated (NYSE:GLW)
Annual Dividend:$0.54
Dividend Yield:1.95%
Dividend Growth:11.50% (3 Year Average)
Payout Ratio:16.67% (Based on Trailing 12 Months of Earnings)
32.14% (Based on Current Year Consensus EPS Estimate)
30.17% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Corning Incorporated (NYSE:GLW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.162.35%2/24/20172/28/20173/31/2017
10/5/2016quarterly$0.142.27%11/15/201611/17/201612/15/2016
7/21/2016quarterly$0.142.51%8/29/20168/31/20169/30/2016
4/28/2016quarterly$0.142.89%5/26/20165/31/20166/30/2016
2/3/2016quarterly$0.142.86%2/23/20162/25/20163/31/2016
10/7/2015quarterly$0.122.67%11/10/201511/13/201512/11/2015
7/15/2015quarterly$0.122.46%8/27/20158/31/20159/30/2015
4/29/2015quarterly$0.122.29%5/27/20155/29/20156/30/2015
12/4/2014quarterly$0.122.26%2/25/20152/27/20153/31/2015
10/1/2014quarterly$0.102.14%11/12/201411/14/201412/12/2014
7/16/2014quarterly$0.101.86%8/27/20148/29/20149/30/2014
5/1/2014quarterly$0.101.9%5/28/20145/30/20146/30/2014
2/5/2014quarterly$0.102.21%2/26/20142/28/20143/31/2014
10/2/2013quarterly$0.102.8%11/13/201311/15/201312/13/2013
7/17/2013quarterly$0.102.7%8/28/20138/30/20139/30/2013
4/25/2013quarterly$0.102.81%5/29/20135/31/20136/28/2013
2/7/2013quarterly$0.092.92%2/26/20132/28/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Corning Incorporated (NYSE:GLW)
Insider Ownership Percentage: 0.60%
Institutional Ownership Percentage: 76.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017James P ClappinInsiderSell64,500$27.57$1,778,265.00View SEC Filing  
2/16/2017Christine M PambianchiVPSell1,000$27.68$27,680.00View SEC Filing  
2/16/2017Lawrence D McraeVice ChairmanSell50,000$27.58$1,379,000.00View SEC Filing  
1/31/2017Eric S MusserVPSell36,000$26.50$954,000.00View SEC Filing  
1/31/2017Wendell P WeeksCEOSell130,667$26.40$3,449,608.80View SEC Filing  
1/27/2017Martin J CurranVPSell36,000$26.73$962,280.00View SEC Filing  
1/25/2017David L MorseInsiderSell128,103$26.70$3,420,350.10View SEC Filing  
1/25/2017Eric S MusserVPSell37,242$26.63$991,754.46View SEC Filing  
12/13/2016Robert F Cummings JrDirectorSell1,985$24.45$48,533.25View SEC Filing  
12/2/2016Deborah RiemanDirectorSell1,985$23.60$46,846.00View SEC Filing  
11/29/2016Hansel E Tookes IIDirectorSell1,985$24.34$48,314.90View SEC Filing  
11/29/2016Lisa FerreroInsiderSell42,306$24.30$1,028,035.80View SEC Filing  
11/22/2016James P ClappinInsiderSell94,303$24.01$2,264,215.03View SEC Filing  
11/22/2016Lawrence D McraeVice ChairmanSell32,300$24.04$776,492.00View SEC Filing  
11/17/2016R Tony TripenyInsiderSell16,333$23.80$388,725.40View SEC Filing  
11/14/2016Edward A SchlesingerVPSell6,252$23.57$147,359.64View SEC Filing  
11/10/2016David L MorseInsiderSell17,483$23.50$410,850.50View SEC Filing  
11/10/2016Eric S MusserVPSell26,792$23.50$629,612.00View SEC Filing  
10/27/2016Clark S KinlinInsiderSell66,667$22.92$1,528,007.64View SEC Filing  
10/26/2016Wendell P WeeksCEOSell204,750$23.07$4,723,582.50View SEC Filing  
10/24/2016James P ClappinInsiderSell30,000$24.00$720,000.00View SEC Filing  
9/28/2016David L MorseInsiderSell18,000$23.50$423,000.00View SEC Filing  
9/7/2016Martin J CurranVPSell54,416$22.87$1,244,493.92View SEC Filing  
8/15/2016James P ClappinInsiderSell15,000$23.00$345,000.00View SEC Filing  
8/11/2016David L MorseInsiderSell9,000$23.00$207,000.00View SEC Filing  
8/10/2016Lisa FerreroInsiderSell48,000$22.86$1,097,280.00View SEC Filing  
8/8/2016Martin J CurranVPSell18,000$22.89$412,020.00View SEC Filing  
8/2/2016Wendell P WeeksCEOSell68,250$22.21$1,515,832.50View SEC Filing  
8/1/2016Eric S MusserVPSell56,853$22.37$1,271,801.61View SEC Filing  
7/29/2016R Tony TripenyInsiderSell7,500$22.27$167,025.00View SEC Filing  
7/28/2016James P ClappinInsiderSell15,000$22.00$330,000.00View SEC Filing  
7/28/2016Lawrence D McraeVice ChairmanSell57,333$22.26$1,276,232.58View SEC Filing  
7/28/2016Martin J CurranVPSell9,000$21.86$196,740.00View SEC Filing  
6/8/2016Kirk P GreggCAOSell24,000$20.93$502,320.00View SEC Filing  
6/7/2016Mark S RogusVPSell10,896$21.18$230,777.28View SEC Filing  
6/7/2016R Tony TripenyCFOSell7,500$21.17$158,775.00View SEC Filing  
5/26/2016Kirk P GreggCAOSell20,000$20.08$401,600.00View SEC Filing  
2/29/2016Robert HinchcliffeDirectorBuy47,000$0.05$2,115.00
2/19/2016Kirk P GreggCAOSell20,000$18.51$370,200.00View SEC Filing  
2/17/2016Jeffrey W. EvensonVPSell53,008$19.03$1,008,742.24View SEC Filing  
2/10/2016Lawrence D. McraeVice ChairmanSell34,000$18.54$630,360.00View SEC Filing  
2/4/2016James B FlawsVice ChairmanSell69,519$18.50$1,286,101.50View SEC Filing  
12/15/2015Lewis A SteversonSVPSell28,437$17.99$511,581.63View SEC Filing  
12/4/2015Robert HinchcliffeDirectorBuy105,000$0.08$7,875.00
10/8/2015Robert HinchcliffeDirectorBuy25,000$0.08$2,000.00
9/18/2015Robert HinchcliffeDirectorBuy25,000$0.09$2,125.00
9/1/2015Martin J CurranVPBuy35,820$16.67$597,119.40View SEC Filing  
9/1/2015Robert HinchcliffeDirectorBuy5,000$0.08$400.00
8/31/2015Robert HinchcliffeDirectorBuy2,000$0.08$160.00
8/28/2015Robert HinchcliffeDirectorBuy11,000$0.08$880.00
5/5/2015Robert HinchcliffeDirectorBuy49,000$0.09$4,165.00
3/16/2015Robert HinchcliffeDirectorBuy100,000$0.08$7,500.00
2/27/2015Clark S KinlinEVPSell12,932$24.54$317,351.28View SEC Filing  
2/23/2015Eric S MusserVPSell11,578$24.94$288,755.32View SEC Filing  
2/18/2015James B FlawsCFOSell145,043$24.58$3,565,156.94View SEC Filing  
2/18/2015Kirk P GreggVPSell50,869$24.62$1,252,394.78View SEC Filing  
2/18/2015Wendell P WeeksCEOSell64,992$24.49$1,591,654.08View SEC Filing  
2/10/2015Eric S MusserVPSell18,000$24.50$441,000.00View SEC Filing  
2/6/2015Clark S KinlinEVPSell21,500$24.35$523,525.00View SEC Filing  
1/30/2015Kirk P GreggVPSell131,703$23.89$3,146,384.67View SEC Filing  
1/30/2015Wendell P WeeksCEOSell242,250$23.91$5,792,197.50View SEC Filing  
1/28/2015David L MorseEVPSell61,168$25.02$1,530,423.36View SEC Filing  
1/28/2015Eric S MusserVPSell38,000$24.75$940,500.00View SEC Filing  
1/28/2015James B FlawsCFOSell339,500$24.63$8,361,885.00View SEC Filing  
1/28/2015Kurt M LandgrafDirectorSell6,775$24.89$168,629.75View SEC Filing  
11/24/2014Clark S KinlinEVPSell59,916$20.84$1,248,649.44View SEC Filing  
10/30/2014Robert HinchcliffeDirectorBuy200,000$0.05$10,000.00
9/10/2014Hansel E Tookes IIDirectorSell8,611$21.09$181,605.99View SEC Filing  
8/27/2014Clark S KinlinEVPSell19,137$20.57$393,648.09View SEC Filing  
8/21/2014Wendell P WeeksCEOSell130,000$20.73$2,694,900.00View SEC Filing  
8/5/2014Kirk P GreggVPSell41,000$19.89$815,490.00View SEC Filing  
8/4/2014Lewis A SteversonSVPSell30,102$20.00$602,040.00View SEC Filing  
5/30/2014David L MorseEVPSell11,027$21.27$234,544.29View SEC Filing  
5/14/2014Clark KinlinEVPSell32,500$21.23$689,975.00View SEC Filing  
5/2/2014Kirk GreggVPSell93,000$21.03$1,955,790.00View SEC Filing  
5/1/2014Wendell WeeksCEOSell150,000$21.07$3,160,500.00View SEC Filing  
2/19/2014Kirk GreggVPSell12,618$19.05$240,372.90View SEC Filing  
2/18/2014David MorseEVPSell9,265$19.16$177,517.40View SEC Filing  
2/18/2014James FlawsCFOSell20,499$19.16$392,760.84View SEC Filing  
2/18/2014Wendell WeeksCEOSell44,164$19.16$846,182.24View SEC Filing  
2/12/2014James FlawsCFOSell190,335$18.59$3,538,327.65View SEC Filing  
11/22/2013Wendell WeeksCEOSell250,000$17.05$4,262,500.00View SEC Filing  
11/21/2013R Tony TripenyVPSell22,750$17.13$389,707.50View SEC Filing  
11/20/2013David MorseEVPSell2,255$16.87$38,041.85View SEC Filing  
11/15/2013Deborah RiemanDirectorSell5,132$16.90$86,730.80View SEC Filing  
11/4/2013John Seely BrownDirectorSell5,132$17.29$88,732.28View SEC Filing  
2/13/2013Robert F Cummings JrDirectorBuy30,000$12.61$378,300.00View SEC Filing  
11/16/2012Gordon GundDirectorBuy170,000$10.76$1,829,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Corning Incorporated (NYSE:GLW)
DateHeadline
News IconBuy or Sell? Average Brokerage Ratings on Oracle Corporation ... - StockNewsJournal (NYSE:GLW)
stocknewsjournal.com - February 19 at 10:37 AM
News IconCorning Incorporated (GLW) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:GLW)
theusacommerce.com - February 19 at 10:37 AM
News IconStock Price of Corning Incorporated (GLW) Decreases -0.11% (NYSE:GLW)
techknowbits.com - February 16 at 5:25 PM
News IconImpact of Brokerage Rating on Corning Incorporated(GLW) (NYSE:GLW)
cloudhostinghq.net - February 16 at 5:25 PM
News IconCorning Incorporated (NYSE:GLW) Insider Transactions Are in the Air (NYSE:GLW)
emfizz.com - February 16 at 5:25 PM
fool.com logoCorning Stock Soared in 2016. Too Late to Buy for 2017? (NYSE:GLW)
www.fool.com - February 16 at 5:25 PM
News IconBuy, Sell or Hold? Analysts Approach: Synchrony Financial (SYF), Corning Incorporated (GLW)? - The USA Commerce (NYSE:GLW)
theusacommerce.com - February 14 at 11:42 PM
News IconThe Case for and Against Corning Incorporated (GLW) - StockNewsJournal (NYSE:GLW)
stocknewsjournal.com - February 14 at 11:42 PM
nasdaq.com logoCorning a Top Socially Responsible Dividend Stock With 2.3% Yield (GLW) (NYSE:GLW)
www.nasdaq.com - February 14 at 6:40 PM
News IconCorning Incorporated's (GLW) — Investors Focused Movers (NYSE:GLW)
eleganthomesinla.com - February 14 at 6:40 PM
News IconShares in Corning Incorporated (GLW) Acquired by CORDA Investment Management LLC (NYSE:GLW)
www.graffiotech.com - February 14 at 4:24 AM
nasdaq.com logoInteresting March Stock Options for GLW (NYSE:GLW)
www.nasdaq.com - February 13 at 6:23 PM
News IconDrilling Down Into Corning Incorporated (GLW) - StockNewsJournal (NYSE:GLW)
stocknewsjournal.com - February 12 at 3:35 AM
News IconCorning Incorporated (GLW) Position Reduced by Mairs & Power INC (NYSE:GLW)
ibusinesslines.com - February 10 at 6:05 PM
News IconCorning Incorporated (GLW) declared quarterly dividend of $0.155 per share (NYSE:GLW)
brassale.net - February 10 at 6:05 PM
News IconCorning Incorporated (NYSE:GLW) Target Price Means Stock Is Worth $26.50 (NYSE:GLW)
fairydetox.org - February 10 at 6:05 PM
finance.yahoo.com logoCORNING INC /NY Financials (NYSE:GLW)
finance.yahoo.com - February 10 at 6:05 PM
News IconLarge Cap Diversified Electronics: Corning Incorporated (NYSE:GLW) (NYSE:GLW)
twincountynews.com - February 8 at 11:02 PM
News IconEquity Perception: Analyst's Indicator Review for Synchrony Financial (SYF), Corning Incorporated (GLW) - The USA Commerce (NYSE:GLW)
www.theusacommerce.com - February 8 at 6:02 PM
News IconHow Does Corning Incorporated (GLW) Stack Up Right Now ... - StockNewsJournal (NYSE:GLW)
stocknewsjournal.com - February 8 at 6:02 PM
finance.yahoo.com logoCorning Works with Micromax to Deliver Corning® Gorilla® Glass on New Vdeo Series of Smartphones (NYSE:GLW)
finance.yahoo.com - February 8 at 6:02 PM
biz.yahoo.com logoCORNING INC /NY Files SEC form 10-K, Annual Report (NYSE:GLW)
biz.yahoo.com - February 8 at 4:47 AM
News IconTaking a Look at the Data Behind Corning Incorporated (GLW) (NYSE:GLW)
hoyentv.com - February 6 at 10:32 PM
News IconCorning Incorporated (NYSE:GLW) Trades Higher, 9 Hold Recommendations (NYSE:GLW)
xboxonezone.com - February 6 at 10:32 PM
News IconTop Gainers of the Day: Corning Incorporated (NYSE:GLW) from Diversified Electronics (NYSE:GLW)
twincountynews.com - February 6 at 5:31 PM
realistinvestor.com logoCorning Incorporated (NYSE:GLW) Mean Rating At $3.15 (NYSE:GLW)
www.realistinvestor.com - February 5 at 5:14 PM
News IconThe CLSA Comments on Corning Incorporated's Q2 2017 Earnings (GLW) (NYSE:GLW)
latribunadecanarias.com - February 4 at 10:31 PM
News IconCorning Incorporated (GLW) Sees Significant Decrease in Short Interest (NYSE:GLW)
cote-ivoire.com - February 4 at 10:31 PM
News IconCorning Incorporated (GLW) : Checking the Chart - The USA Commerce (NYSE:GLW)
www.theusacommerce.com - February 4 at 3:56 AM
News IconCorning INC (GLW) Stock Rose While Bryn Mawr Trust Company Has Cut Holding by $7.52 Million (NYSE:GLW)
randolphguide.com - February 3 at 5:54 PM
News IconWendell P. Weeks Sells 130667 Shares of Corning Incorporated (GLW) Stock (NYSE:GLW)
hoyentv.com - February 3 at 4:06 AM
News IconBernstein Downgrades the shares of Corning Inc. (NYSE:GLW) to Market Perform (NYSE:GLW)
lasignare.com - February 3 at 4:06 AM
capitalcube.com logoETFs with exposure to Corning, Inc. : February 2, 2017 (NYSE:GLW)
www.capitalcube.com - February 2 at 6:02 PM
News IconAs Corning INC Com (GLW) Valuation Rose, Shareholder Rhumbline Advisers Lowered Position by $4.34 Million (NYSE:GLW)
randolphguide.com - February 2 at 4:13 AM
us.rd.yahoo.com logoCorning downgraded by Bernstein (NYSE:GLW)
us.rd.yahoo.com - February 2 at 4:13 AM
News IconTaking a Look at the Chart for Corning Incorporated (GLW) - The USA Commerce (NYSE:GLW)
theusacommerce.com - February 1 at 11:10 PM
News IconChecking Out the Technicals for Corning Incorporated (GLW) - The USA Commerce (NYSE:GLW)
theusacommerce.com - February 1 at 6:09 PM
seekingalpha.com logoCorning increases quarterly dividend 14.8% - Seeking Alpha (NYSE:GLW)
seekingalpha.com - February 1 at 6:09 PM
finance.yahoo.com logo11:07 am Corning raises quarterly dividend to $0.155/share from $0.135/share (NYSE:GLW)
finance.yahoo.com - February 1 at 6:09 PM
finance.yahoo.com logoCorning Announces Quarterly Dividend Increase of 14.8% (NYSE:GLW)
finance.yahoo.com - February 1 at 6:09 PM
News IconThe Corning Incorporated (GLW) Position Decreased by Arizona State Retirement System (NYSE:GLW)
perspectivabetica.com - February 1 at 4:19 AM
News IconCorning Incorporated (GLW) Earns "Market Perform" Rating from Wells Fargo & Company (NYSE:GLW)
mundoaguaysaneamiento.net - January 31 at 11:07 PM
News IconTaking a Look at the Data Behind Corning Inc. (GLW) - StockNewsJournal (NYSE:GLW)
stocknewsjournal.com - January 31 at 6:07 PM
fool.com logo5 Things Corning Management Wants You to Know (NYSE:GLW)
www.fool.com - January 31 at 6:06 PM
finance.yahoo.com logoPost Earnings Coverage as Corning's Net Income Gained 24%, Core EPS Soared 47% (NYSE:GLW)
finance.yahoo.com - January 31 at 6:06 PM
finance.yahoo.com logoCorning Incorporated: Is GLW a Great Stock for Value Investors? (NYSE:GLW)
finance.yahoo.com - January 30 at 11:46 AM
News IconIs There Inherent Value in Corning Incorporated (NYSE:GLW)? Analysts Delve Into The Stock - Wall Street Beacon (NYSE:GLW)
wsbeacon.com - January 29 at 10:32 PM
News IconThe Corning Incorporated (GLW) Now Covered by Analysts at Guggenheim (NYSE:GLW)
itapunta.com - January 29 at 5:31 PM
News IconBest stocks of the day: Corning Incorporated (NYSE:GLW) (NYSE:GLW)
prensariotiretail.com - January 29 at 5:31 PM
News IconDiversified Electronics: Corning Incorporated (NYSE:GLW) Position of the day (NYSE:GLW)
twincountynews.com - January 29 at 5:31 PM

Social

What is Corning Incorporated's stock symbol?

Corning Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLW."

How often does Corning Incorporated pay dividends? What is the dividend yield for Corning Incorporated?

Corning Incorporated announced a quarterly dividend on Wednesday, February 1st. Investors of record on Tuesday, February 28th will be paid a dividend of $0.155 per share on Friday, March 31st. This represents a $0.62 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Friday, February 24th. This is an increase from Corning Incorporated's previous quarterly dividend of $0.14.

Where is Corning Incorporated's stock going? Where will Corning Incorporated's stock price be in 2017?

15 brokers have issued 12-month target prices for Corning Incorporated's shares. Their forecasts range from $14.50 to $31.00. On average, they anticipate Corning Incorporated's share price to reach $25.05 in the next twelve months.

When will Corning Incorporated announce their earnings?

Corning Incorporated is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about Corning Incorporated stock?

Here are some recent quotes from research analysts about Corning Incorporated stock:

  • According to Zacks Investment Research, "Corning reported impressive fourth-quarter results, with both earnings and revenues beating estimates. Management anticipates year-over-year improvement in net sales, net income and earnings per share in the first-quarter of 2017. Corning remains focused on expanding its footprint in the automotive market driven by gas particulate filters (GPFs) and a Gorilla-sized automotive glass business. Further, aggressive share buyback in accordance with the strategy & capital allocation framework will also boost bottom line growth. We note that the company has outperformed the broader market over the last 12 months. However, weakness in the Display segment and sluggish demand for heavy duty diesel products are headwinds. Additionally, declining smartphone unit growth will hurt revenue per phone, which is a concern. These headwinds can drag down returns in full-year 2017." (1/26/2017)

  • Susquehanna Bancshares Inc analysts commented, "We are increasing our estimates post GLW earnings report and guide, and remain above consensus. The key catalyst for the stock is the company's execution on commercializing the use of Gorilla for auto, both exterior and interior application. We are increasing our price target multiple given this milestone." (1/25/2017)
  • Jefferies Group LLC analysts commented, "Corning posted better-than-expected Q4 results. At current valuations, we continue to believe that the risk/reward in the shares is balanced. Optionality associated with auto glass, pharma glass, and GPFs should take longer to materialize in the company's financials." (1/25/2017)
  • Drexel Hamilton analysts commented, "We believe 4Q:16 will prove to be the peak in Corning’s EPS and operating profit cycle, while we estimate the sales cycle will peak in 1Q:17. Trading at over 15x (vs." (1/24/2017)

Who owns Corning Incorporated stock?

Corning Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.62%), Hotchkis & Wiley Capital Management LLC (3.04%), Dimensional Fund Advisors LP (0.85%), TCW Group Inc. (0.65%), Kiltearn Partners LLP (0.63%) and Bessemer Group Inc. (0.61%). Company insiders that own Corning Incorporated stock include Christine M Pambianchi, Clark S Kinlin, David L Morse, Deborah Rieman, Edward A Schlesinger, Eric S Musser, Hansel E Tookes II, James B Flaws, James P Clappin, Jeffrey W Evenson, Kirk P Gregg, Lawrence D Mcrae, Lewis A Steverson, Lisa Ferrero, Mark S Rogus, Martin J Curran, R Tony Tripeny, Robert F Cummings Jr, Robert Hinchcliffe and Wendell P Weeks.

Who sold Corning Incorporated stock? Who is selling Corning Incorporated stock?

Corning Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Hotchkis & Wiley Capital Management LLC, Kiltearn Partners LLP, Prudential PLC, State Street Corp, FMR LLC, Teachers Retirement System of The State of Kentucky and O Shaughnessy Asset Management LLC. Company insiders that have sold Corning Incorporated stock in the last year include Christine M Pambianchi, Clark S Kinlin, David L Morse, Deborah Rieman, Edward A Schlesinger, Eric S Musser, Hansel E Tookes II, James P Clappin, Kirk P Gregg, Lawrence D Mcrae, Lisa Ferrero, Mark S Rogus, Martin J Curran, R Tony Tripeny, Robert F Cummings Jr and Wendell P Weeks.

Who bought Corning Incorporated stock? Who is buying Corning Incorporated stock?

Corning Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Janus Capital Management LLC, Asset Management One Co. Ltd., AQR Capital Management LLC, Guggenheim Capital LLC, Russell Investments Group Ltd., Aberdeen Asset Management PLC UK and Artemis Investment Management LLP. Company insiders that have bought Corning Incorporated stock in the last two years include Martin J Curran and Robert Hinchcliffe.

How do I buy Corning Incorporated stock?

Shares of Corning Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Corning Incorporated stock cost?

One share of Corning Incorporated stock can currently be purchased for approximately $27.65.

Corning Incorporated (NYSE:GLW) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Corning Incorporated (NYSE:GLW)

Earnings History Chart

Earnings by Quarter for Corning Incorporated (NYSE:GLW)

Dividend History Chart

Dividend Payments by Quarter for Corning Incorporated (NYSE:GLW)

Last Updated on 2/19/2017 by MarketBeat.com Staff